TECHNICAL ANALYSIS BY NSFX 31.07.2015
Breaking through the 1.2520 resistance area we saw the 1.2835 figure area being broken last week. Support now expected towards the 1.28 figure level. Bullish traders see the 1.30 figure level come into play. should price action continue higher we could see the 1.3060 2009 high level offering resistance going forward.